Objectives of govt budget has been …

Objectives of govt budget has been completed so today which topic do you all want to know. I can what's aap u , i can give you on insta. Choose your topic from the following 1.Tricks related to Numericals in images 2. Central in details more than 200 words 3. AD and AS approach 4.S and I approach .

Posted by Syed Khabib 7 years, 7 months ago

CBSE > Class 12 > Economics

8 answers

Syed Khabib 7 years, 7 months ago

My pleasure ....??best friend

1Thank You

Syed Khabib 7 years, 7 months ago

Equilibrium level of income by AD and AS approach through schedule : (Y 0 , 100 , 200 ,300,400 ,500) .(.C 50 ,100,150,200,250,300.) ..( I 50,50,50,50,50,50,) (AD100 ,150, 200,250,300,350.) .. (AS 0 , 100, 200 , 300, 400,500. From the above schedule we concluded that equilibrium level of income is determined where Aggregate Demand = Aggregate Supply. That is 200 =200. *** Before the income level, AD>AS which leads to level of unfulfilled demand as all the stock is already sold.So in future the producer will further increase the production and equilibrium will be recorded where AD= AS. ***After the income level, AS>AD which means some stock remains unsold with the producer so in order to sold the unwanted stock and the equilibrium will be restored where AD=AS.

1Thank You

Sakshi Chahar 7 years, 7 months ago

Thankeww so muchhh yrr??

1Thank You

Syed Khabib 7 years, 7 months ago

Sakshi. You are a good student and my friend also. So its my duty to help you. Don't say anything like that .In morning i will give u AD and AD approach through schedule. And i will always post answer only here.

1Thank You

Syed Khabib 7 years, 7 months ago

...to AD .This process will continue till AD=AS.*** when AS greater than AD. Here some stock is left with the prodcer so in near future the producer will decrease the production as production decreases output also decreases. This process continue till As=AD.

3Thank You

Syed Khabib 7 years, 7 months ago

According to this approach equilibrium level of income is determined where planned level of aggregate demand is equal to aggregate supply. AD=AS . Equilibrium level of income by AD and AS approach through diagram. (Diagram is not possible here so u can see it from the book ).OBSERVATIONS : *** From the above diagram we concluded that AD (Aggregate Demand ) curve cut Aggregate Supply cuve AS at point E which is the equilibrium point. *** When AD>AS which leads to level of output where all stock is already sold there is loss if unfullfilment of demand. So in near future the producer will increase the production due to decrease in production, output decreases .AS would increase to becomes equal

3Thank You

Sakshi Chahar 7 years, 7 months ago

I don't wanna bother u, but i'm fully depend on this guide for extras and are not active on networking sites. So,can u plzz post about AD and AS approach on this guide..??

1Thank You

Syed Khabib 7 years, 7 months ago

****central problems

1Thank You

ANSWER